Thanks to last year’s acquisition of Wild Apricot, Personify is poised to lead the pack on blockchain technology in the AMS market. Why?

Dmitry Buterin, the founder of Wild Apricot happens to be the father of Vitalik Buterin, co-creator of Ethereum, which is widely acknowledged as the second most valuable cryptocurrency behind Bitcoin. Dmitry is a blockchain enthusiast, and left his position at Wild Apricot to pursue business ventures in blockchain.

And although the elder Buterin has moved on from his post at Wild Apricot, he still serves in an advisory role at Personify, and the Wild Apricot technical team remains highly interested in how blockchain could be applied to associations.

So if you’re curious to see how blockchain applications make their way into the association market, keep your eye on Wild Apricot and Personify.

Ssshhhhh! There’s a secret about one of last year’s acquisitions in the association technology market. One that gives the acquiring company a significant advantage over its competitors on an emerging technology that many futurists predict will revolutionize the business world and transform society.

In November 2017, MemberSuite accepted a $5.5M round of funding. Check out the SEC filing.

To the best of my knowledge, MemberSuite is the only venture capital-backed AMS in the market, and has raised $13M in funding since September 2016. They appointed a new CEO in November 2017. This round of funding may have been used to acquire the shares owned by the founder and former CEO, transferring ownership of the company to new shareholders.